Buckle Income Before Tax vs Net Income From Continuing Ops Analysis

BKE Stock  USD 36.61  1.17  3.10%   
Buckle financial indicator trend analysis is way more than just evaluating Buckle Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Buckle Inc is a good investment. Please check the relationship between Buckle Income Before Tax and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Income Before Tax vs Net Income From Continuing Ops

Income Before Tax vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Buckle Inc Income Before Tax account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between Buckle's Income Before Tax and Net Income From Continuing Ops is 0.79. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Buckle Inc, assuming nothing else is changed. The correlation between historical values of Buckle's Income Before Tax and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Buckle Inc are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Income Before Tax i.e., Buckle's Income Before Tax and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Buckle income statement and is an important metric when analyzing Buckle Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Income From Continuing Ops

Most indicators from Buckle's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Buckle Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At present, Buckle's Enterprise Value Multiple is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit653.0M676.0M619.1M317.5M
Total Revenue1.3B1.3B1.3B742.2M

Buckle fundamental ratios Correlations

0.440.770.750.790.410.490.770.820.80.560.930.440.640.730.650.240.920.770.620.910.84-0.18-0.10.510.8
0.440.690.20.60.440.070.460.540.620.190.380.440.580.570.140.010.380.630.770.340.29-0.09-0.19-0.020.32
0.770.690.390.920.630.140.760.890.930.440.690.40.810.890.30.140.690.960.930.620.49-0.36-0.270.360.54
0.750.20.390.39-0.20.930.520.610.430.190.820.460.650.260.930.340.840.320.20.930.880.420.520.370.93
0.790.60.920.390.780.190.540.881.00.450.660.220.760.990.260.090.630.990.90.580.43-0.39-0.40.390.46
0.410.440.63-0.20.78-0.40.190.450.750.430.19-0.040.270.86-0.27-0.110.180.790.750.04-0.06-0.67-0.820.21-0.12
0.490.070.140.930.19-0.40.220.440.23-0.040.60.260.540.050.850.290.580.09-0.030.730.680.550.680.210.79
0.770.460.760.520.540.190.220.650.560.490.740.620.550.480.530.250.80.60.570.750.73-0.220.020.40.71
0.820.540.890.610.880.450.440.650.880.440.860.330.850.830.420.040.750.870.790.770.57-0.16-0.150.520.64
0.80.620.930.431.00.750.230.560.880.420.670.230.790.980.310.140.650.980.890.60.47-0.38-0.340.380.51
0.560.190.440.190.450.43-0.040.490.440.420.530.190.160.480.11-0.090.440.470.30.420.24-0.39-0.460.630.3
0.930.380.690.820.660.190.60.740.860.670.530.480.660.590.650.090.920.640.520.960.830.020.010.580.81
0.440.440.40.460.22-0.040.260.620.330.230.190.480.430.140.56-0.090.640.250.420.550.50.340.210.170.51
0.640.580.810.650.760.270.540.550.850.790.160.660.430.670.570.280.70.750.740.690.560.170.20.330.71
0.730.570.890.260.990.860.050.480.830.980.480.590.140.670.130.050.540.980.890.480.32-0.49-0.530.40.34
0.650.140.30.930.26-0.270.850.530.420.310.110.650.560.570.130.440.790.20.120.840.860.440.630.220.91
0.240.010.140.340.09-0.110.290.250.040.14-0.090.09-0.090.280.050.440.310.08-0.030.280.460.050.440.080.49
0.920.380.690.840.630.180.580.80.750.650.440.920.640.70.540.790.310.620.540.960.920.120.140.50.89
0.770.630.960.320.990.790.090.60.870.980.470.640.250.750.980.20.080.620.930.550.4-0.45-0.440.390.43
0.620.770.930.20.90.75-0.030.570.790.890.30.520.420.740.890.12-0.030.540.930.430.31-0.32-0.420.220.31
0.910.340.620.930.580.040.730.750.770.60.420.960.550.690.480.840.280.960.550.430.930.170.240.510.93
0.840.290.490.880.43-0.060.680.730.570.470.240.830.50.560.320.860.460.920.40.310.930.20.350.340.92
-0.18-0.09-0.360.42-0.39-0.670.55-0.22-0.16-0.38-0.390.020.340.17-0.490.440.050.12-0.45-0.320.170.20.72-0.060.28
-0.1-0.19-0.270.52-0.4-0.820.680.02-0.15-0.34-0.460.010.210.2-0.530.630.440.14-0.44-0.420.240.350.72-0.160.49
0.51-0.020.360.370.390.210.210.40.520.380.630.580.170.330.40.220.080.50.390.220.510.34-0.06-0.160.39
0.80.320.540.930.46-0.120.790.710.640.510.30.810.510.710.340.910.490.890.430.310.930.920.280.490.39
Click cells to compare fundamentals

Buckle Account Relationship Matchups

Buckle fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets867.9M845.8M780.9M837.6M889.8M454.3M
Other Current Liab43.5M14.3M83.8M75.2M73.6M77.2M
Total Current Liabilities172.6M206.4M248.5M226.0M221.5M232.5M
Total Stockholder Equity389.1M396.6M312.9M376.3M413.2M296.1M
Property Plant And Equipment Net463.9M379.8M359.4M383.8M409.7M430.1M
Net Debt156.6M(12.5M)34.4M51.7M47.2M49.6M
Retained Earnings236.4M238.1M145.1M196.8M220.0M210.7M
Accounts Payable26.5M43.4M60.0M44.8M46.0M25.2M
Cash221.0M318.8M254.0M252.1M268.2M281.6M
Non Current Assets Total489.1M408.6M389.7M414.2M445.6M467.8M
Non Currrent Assets Other9.3M10.5M10.9M9.8M15K14.3K
Cash And Short Term Investments233.5M322.1M266.9M273.1M290.4M164.3M
Net Receivables3.1M2.8M12.1M12.6M8.7M5.2M
Common Stock Shares Outstanding48.8M49.0M49.4M49.6M50.0M52.6M
Liabilities And Stockholders Equity867.9M845.8M780.9M837.6M889.8M454.3M
Non Current Liabilities Total306.1M242.8M219.4M235.2M255.1M267.9M
Inventory121.3M101.1M102.1M125.1M126.3M86.3M
Other Current Assets20.9M11.2M10.1M12.5M18.8M13.9M
Other Stockholder Equity152.3M158.1M167.3M179.0M192.7M104.7M
Total Liab478.7M449.2M468.0M461.3M476.6M500.4M
Property Plant And Equipment Gross463.9M379.8M712.1M737.7M769.9M808.3M
Total Current Assets378.8M437.2M391.2M423.3M444.3M269.6M
Common Stock Total Equity488K490K492K494K568.1K403.3K
Short Term Investments12.5M3.4M12.9M21.0M22.2M29.6M
Other Liab15.9M18.3M19.4M20.6M23.7M34.2M
Other Assets25.1M28.8M30.3M8.4M9.6M10.3M
Common Stock492K494K497K501K504K431.2K
Property Plant Equipment113.8M379.8M359.4M383.8M441.4M463.5M
Net Tangible Assets389.1M396.6M312.9M376.3M432.8M415.2M
Capital Surpluse152.3M158.1M167.3M179.0M205.8M153.0M
Long Term Investments15.9M18.3M19.4M20.6M25.0M22.8M
Current Deferred Revenue15.3M66.9M16.5M16.8M16.7M25.7M
Short Term Debt87.3M81.8M88.3M89.2M85.3M60.2M
Cash And Equivalents221.0M318.8M254.0M252.1M289.9M247.6M
Net Invested Capital389.1M396.6M312.9M376.3M413.2M305.5M
Net Working Capital206.2M230.9M142.7M197.3M222.8M176.3M

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When determining whether Buckle Inc is a strong investment it is important to analyze Buckle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Buckle's future performance. For an informed investment choice regarding Buckle Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Buckle Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
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Is Buckle's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Buckle. If investors know Buckle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Buckle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
1.4
Earnings Share
4.4
Revenue Per Share
25.435
Quarterly Revenue Growth
(0.05)
The market value of Buckle Inc is measured differently than its book value, which is the value of Buckle that is recorded on the company's balance sheet. Investors also form their own opinion of Buckle's value that differs from its market value or its book value, called intrinsic value, which is Buckle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Buckle's market value can be influenced by many factors that don't directly affect Buckle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Buckle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Buckle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Buckle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.